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Crypto DeFi

Abraxas Capital’s ZEC Shorts on Hyperliquid Show $34.98M Paper Profit

Abraxas Capital holds two addresses on Hyperliquid with short positions in ZEC that are showing $34.98 million in unrealized gains after ZEC’s price fell sharply below $1,000 on Nov. 11, on-chain analyst Yu Jin monitored. The two addresses’ total unrealized profit across all open positions stands at $118 million.

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